Accused Libor Manipulators' Nicknames For Each Other Could Use Work
Former ICAP Plc brokers known as “big nose” and “Lord Libor” helped Tom Hayes rig the London interbank offered rate “enthusiastically” over four years, prosecutors said on the first day of the second trial into benchmark manipulation. The ICAP employees, Darrell Read and Colin Goodman, are among a half dozen brokers that are charged with manipulating the rate at a trial that started today in London. Also in court is their former boss, Danny "Blair" Wilkinson, and former employees at RP Martin Holdings Ltd. and Tullett Prebon Plc. All six have pleaded not guilty. [Bloomberg]